Capital Markets Union

05/03/2015

Panel 1 - Achieving long-term growth for Europe

Different players may have different roles to play in channelling funds for long-term investments. Is it possible to create a regulatory environment, which creates the best conditions for each player to fill this role and at the same time preserve a level playing field?

Discussion points

• What role will bank lending play in the future? Can the local knowledge and ability to assess risk that retail banks posses reach their full potential

while fulfilling the enhanced prudential requirements? What role can EU banks play in more security based lending?

• What role can institutional investors play? What role can the new European Long Term Investment Funds (ELTIF) play?

• What role can capital market play in channelling funds for long-term investments?

• What role can crowdfunding play in financing long-term growth?

Panel 2 - An increased role for capital markets?

The newly appointed president of the European Commission Jean-Claude Juncker has made a capital market union as one of his priorities. How can this be achieved? Can well designed regulation help capital markets raise funding for long-term investments?

Discussion points

• How can EU capital markets be developed as to play a bigger role in funding SMEs? How can capital markets better match providers and users of

capital?

• How could the EU encourage SME listings? Are the current rules such as the prospectus directive and the transparency directive to burdensome

for SMEs? What relaxations or exemptions could be made to lower the threshold for SMEs to become listed?

• How can we encourage the development towards EU wide institutional investments?

• How can the regulatory framework stimulate capital markets to increase the focus on the long-term horizon?

• What should be the guiding principles of a Capital Markets Union?

Speaker line-up

Philippe de Backer Member of the European Parliament

Philip Tod Deputy Head of Unit C3 - Securities Markets, DG FISMA, European Commission

Olivier Boutellis-Taft Chief Executive, FEE – Federation of European Accountants

Philippe Maystadt Honorary President of the European Investment Bank and Professor at the Universities of Louvain-la-Neuve & Luxembourg

Judith Hardt Managing Director, Swiss Finance Council

Mark Hutchinson Head of Alternative Credit, M&G Investments

Dr Alexandra Hachmeister Head of Regulatory Strategy, Deutsche Börse Group

European Parliament MEP

European Commission High-level representative

Industry Representatives

NGOs

Academics

User-side Representative

Representatives from the EU Institutions (the European Commission, the European Parliament and the Council of the European Union including the member states’ permanent representations) as well as accredited journalists participate free of charge.

For Academics and Representatives of NGOs (not representing a commercial interest), there is a registration fee of €125 + VAT.

For all other participants, there is a registration fee of €185 + VAT.

Closing date for registration is 27 February 2015. Seats are limited.